Title
Adoption of the 2019 Millage Rates and Levies (for Fiscal Year 2020)
Body
Whereas, in accordance with the provisions of Public Act 2 of 1968, Public Act 621 of 1978, the Uniform Budgeting and Accounting Act for Local Government, and Section III of the Charter for the City of Rochester Hills; the Mayor, as the Chief Administrative and Executive Officer for the City, has prepared and proposed the budget for the ensuing year and submitted it to the City Council at its first meeting in August; and
Whereas, at its August 12, 2019 meeting City Council acknowledged receipt from the Mayor of the 2020 Proposed Budget and the 2021-2022 Projected Budgets and set a Public Hearing for September 9, 2019 at 7:00 p.m. to hear comments on the Proposed Budget Plan and Millage Rates; and
Whereas, at its September 9, 2019 meeting City Council held said Public Hearing and heard comments on the Proposed Budget Plan and Millage Rates.
Now, Therefore, Be It Resolved, the City Council hereby adopts the following tax rates in accordance with Chapter IV, Taxation, specifically Section 4.1, Power to Tax and Secure Revenue, and Section 4.2, Charter Tax Rate & Special Voted Millage(s) Limitation, to be levied in December 2019 to provide the tax revenues included in the Proposed Fiscal Year 2020 Budget:
PROPOSED MILLAGE RATES
Operating Millages: 2019
General Fund (Charter) 2.6582
Local Street I (Voted) 0.3418
Local Street II (Voted) 0.4683
Local Street III (Voted) 0.2864
Fire Fund (Charter) 2.7000
Special Police I (Voted) 1.1655
Special Police II (Voted) 1.1640
Pathway (Voted) 0.1789
RARA Operating (Voted) 0.1878
OPC Operating (Voted) 0.2316
OPC Transportation (Voted) 0.0963
Library Operating (Charter) 0.7545
Operating - Subtotal 10.2333
Debt Millages:
Chapter 20 Drain Debt 0.0372
OPC Building (Voted) 0.1900
Debt - Subtotal 0.2272
TOTAL MILLAGES 10.4605
The Total Millage rate of 10.4605 is per Thousand Dollars ($1,000) of taxable valuation, as equalized; an...
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